Low currencyhe volatility. The british pound is stronger, but very fractionally, up 0. 2 versus the u. S. Dollar before the election. Incremental moves on trade. Lets get to the latest now. Bloomberg reporting that u. S. Tariffs set to take effect on sunday will be delayed, according to chinese officials. Meantime, House Democrats said they will back the usmca trade deal and are planning a vote next week. Rep. Pelosi there is no question that this trade agreement is much better than nafta, but in terms of our work here, it is infinitely better than what was initially proposed by the administration. Vonnie House Democrats declaring a win there. For more, lets bring in bloomberg trade reporter shawn donnan in washington. Todays developments on the trade front, how incremental are they . Shawn i think we got one really important big step on usmca. It is a remarkable day in what is a highly partisan washington, when we see a bipartisan agreement on a trade deal. Trade politics are always t
We will be focusing on transport. Television and im here, just 2 miles down the road, at a factory that jams, to find out what businesses anthonyjoshua says that he is going here want from this election. To conquer the world. That is quite what do firms you want to hear from a trim anthonyjoshua. In the fight, politicians in the last few days of campaigning . Anthony joshuas plan to conquer the world after his win over andy ruinr i dont know how to fate say this on saturday night now he has his three heavyweight titles back, he tells us whats next. But it was a less then thin thin i think when i keep on breaking down each barrier and getting over each hurdle, sooner or later, it will be andy ruiz but it was a less then thin thin andy ruinr. That is the picture at thejunction from saturday night. Andy ruiz hurdle, sooner or later, it will be at the junction for the world. Good morning, windy night. Strong andy ruinr. That is the picture from saturday night. Andy ruinr. Winds around this
Talks as the edge towards a deal. Pboc warns of challenges ahead and warns of a slowing economy. Arabiasouth saudi lowers its target for saudi aramco ipo, but it is still expected to be one of the biggest in history. Australian markets have kicked off trading. Lets turn to sophie for what to watch. Sophie aussie shares are slightly higher by about. 1 after a twoday gain. 50 points shy of a record high we saw back in july. Altogether we are setting up for a mix to start potentially an agent given that hong kong remains a point of concern as the city faces yet another week of potential disruption. Nikkei futures in chicago swing to the downside this morning. Iecking on currency moves, want to highlight the pound is gaining ground early. This, after conservatives pledged to back Boris Johnsons brexit deal if the election goes through, if he is elected. The highest level since november 3. Aussie benchmark bonds holding study, continuing to climb after the best week for aussie 10 year bonds
Of japan. It was a failed auction in japan, not completely failed, not a good option, the worst we have seen the last couple of years. Jgb marketsg the getting a bit of a fright because the boj is likely to step away. And the pension fund out of japan is going to be potentially foreign butsifying currencyhedged bonds as being domestic, taking some of the bid away from the market. We saw a six basis point move. 12 basis points over the last month. That is a massive move. Vonnie here in the u. S. , after the ism data came in, we saw stocks take a turn. The s p was positive by as much as half a percent. Orer times when we got bad less good data, it sent markets higher, because it was thought the fed might become more dovish. We are back to the old way of things, where bad data equals a selloff. You can see the dow is down 0. 6 . A similar story for treasuries. The high on the 10 year yield we are right down to one point 62, a 13 basis point move down to 1. 62, a 13 basis point move in a f
Is something you are trying to achieve . Carrie first of all, in very clear and strong terms, i have to refute the second point. Still verym disappointed that my remarks in a totally private, exclusive session, which is a lunch, actually, which clearly is subject to checks on house roles rules, had been recorded and then passed to the media. I think this is quite unacceptable, ok . So, to further suggest that myself or the government have any role to play in this thing is absolutely unfounded. So, that oinp point has to be made extremely clear. On the first point about resignation, i said on several occasions previously and also reaffirmed by my colleagues and the chief executives office, in response to media inquiries, that throughout this period, from the very beginning until now, i have never, i have never tendered her resignation to the central peoples government. I have not even contemplated to discuss a resignation with the central peoples government. The choice of not resigning